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The loan facility has a maturation date of November 2026 and an accordion feature to increase the availability of funds to $500 million, subject to closing conditions.

The nine-building portfolio comprises 470,000 square feet across four states.

Round Hill's first US investment was The Exchange at North Haven, an inner suburban apartment community located in the Brookhaven/Chamblee neighborhoods of Atlanta.

PGIM Real Estate sells an 11-property portfolio managed by Brightview Senior Living. The assets are spread out in the Northeast and Mid-Atlantic.

In its settlement agreement, Wells Fargo does not admit liability and throughout the litigation process vigorously denied the allegations.

The deal with Sterling Bay increases Convene's total Chicago footprint to nearly 425,000 square feet.

Dallas-based Crow Holdings Industrial reports that in addition to this property, the firm currently has a five-million-square-foot development pipeline less than 18 months after commencing regional operations.

"Over the past two years, our Administration has turned the page on a system where political connections and closed-door deals took precedence over the need to grow our economy and provide a sound return on investment for our taxpayers," said Gov. Murphy.